Magnets

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Neodymium Iron Boron (NdFeb) - Rare Earth magnets (also known as Neodymium magnets) are 5 to 7 times
stronger than Ferrite Magnets and offer the most value for money. They
provide high energy, maximum efficiency and extreme stability when
exposed to other electromagnetic fields. For this reason they are
commonly used in engineering, electronics and medical fields.

Rare Earth Magnets are the most advanced magnet with superior
performance and are a logical choice when extra strength in a reduced
size is important